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t <br />6 - <br />RESOLUTION <br />WHEREAS it is necessary to provide additional pump capacity in <br />order to provide an adequate supply of water for the users of the water and <br />sewer system of URBAN DEVELOPMENT UTILITIES, INC.; and in order to <br />do so it is necessary to borrow funds to pay for the cost of construction and <br />installation of said system as may be necessary; and <br />WHEREAS the FARMERS HOME ADMINISTRATION has indicated <br />its willingness to finance the necessary project subject to meeting the terms <br />and conditions of the Farmers Home Administration requirements; and <br />WHEREAS it is necessary that rates be increased in order to fulfill <br />these requirements and a study of said needs has been made and the follow- <br />ing rates and schedule of charges to the user have. been deemed adequate and <br />necessary to wit: - <br />Water r Rate <br />First 2, 000 gallons $5.00 per month minimum <br />All over 2, 000 gallons $1.00 per 1, 000 gallons <br />Sewer <br />$5.50 per user <br />I and, <br />WHEREAS the Board desires that T4.,. prwe9 p],ai r be designat- <br />ed in order to represent URBAN DEVELOPMENT UTILITIES, INC. in <br />requesting said rate increase from the Board of County Commissioners of <br />Indian River County, Florida, pursuant to regulations and law to be adopted <br />and followed by said commissioners;. <br />NOW, THEREFORE, said URBAN DEVELOPMENT UTILITIES, INC. <br />does hereby request the Board of County Commissioners of Indian River <br />County, Florida, to hold a public hearing to consider a request by URBAN <br />DEVELOPMENT UTILITIES, INC. to increase its water and sewer rates as <br />follows! <br />JUL 5197.3.. <br />_22- <br />eao . �7 m.F 7� <br />